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HK will keep its offshore RMB crown, says GF Int'l

... iaochuan {周小川}} called for an increase in the qualifications and quotas for QDII and QFII participants, and said administrative approval procedures for the two programs will be eliminated "when condit ...More

EJ Insight2013-12-17

HKEJ Today: Highlights

... iaochuan {周小川} revealed at a forum Tuesday China's plans to increase the quotas for Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional Investors (QFII). The move sho ...More

EJ Insight2013-11-28

The Big Picture: FINANCIAL REFORM

China will lower the entry barriers for foreign financial services providers, central bank governor Zhou Xiaochuan {周小川} said on Tuesday. The country will allow more foreigners to enter the financial ...More

EJ Insight2013-11-27

PBoC chief backs higher QDII, QFII quotas, Xinhua says

People's Bank of China governor Zhou Xiaochuan {周小川} called for an increase in the qualifications and quotas for Qualified Domestic Institutional Investors (QDII) and Qualified Foreign Institutional I ...More

EJ Insight2013-11-27

HKEJ Today: Highlights

... iaochuan {周小川}, has also sought to reassure on the economic situation, saying price levels and employment are both under control. Central bank officials have estimated that the country can grow at a r ...More

EJ Insight2013-11-27

China to open financial services sector, Zhou says

China will lower the entry barriers for foreign financial services providers and ensure a level playing field for them, People's Bank of China (PBoC) governor Zhou Xiaochuan {周小川} said Tuesday. The mo ...More

EJ Insight2013-11-26

HKEJ Today: Highlights

... iaochuan {周小川}, have expressed support for reduced intervention in the market, analysts said. It is now a good time for authorities to loosen the daily movement limits on the exchange rate of the curr ...More

EJ Insight2013-11-25

Airlines take off despite bleak market sentiment

... iaochuan {周小川} revealed plans to widen the currency's trading band. The big three carriers -- Air China (00753.HK), China Eastern Airlines (00670.HK) and China Southern Airlines (01055.HK) -- rose for ...More

EJ Insight2013-11-21

The Big Picture: WIDER RMB BAND

China will "basically" stop normal intervention in the foreign exchange market, central bank governor Zhou Xiaochuan {周小川} was quoted as saying in a published commentary. To enhance the renminbi's two ...More

EJ Insight2013-11-20

China to basically end forex intervention, Bloomberg reports

China will "basically" stop normal intervention in the foreign exchange market, Bloomberg News reported on Tuesday, citing the People's Bank of China (PBoC) governor Zhou Xiaochuan {周小川}, who did not ...More

EJ Insight2013-11-19

CPC PLENUM: The week at a glance

... iaochuan {周小川} joined some top economists in suggesting that the capital account be opened by 2015, various academics responded with strong opposition. A May 21 report by 21st Century Business Herald ...More

EJ Insight2013-11-08

CPC PLENUM: If not now then when for RMB convertibility?

... iaochuan {周小川}, together with some top economists, suggested in May that the capital account should be opened by 2015, various academics responded with strong opposition. The 21st Century Business Her ...More

EJ Insight2013-11-07

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